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How Would a New BRICS Currency Affect the US Dollar? (Updated 2025)
The BRICS nations, originally composed of Brazil, Russia, India, China and South Africa, have had many discussions about ...
Trump threatens 100% tariffs against BRICS countries if they try replacing U.S. dollar
President Donald Trump has again warned that he will impose 100% tariffs against countries of the BRICS bloc, of which India ...
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No plans for BRICS currency, focus on Rupee for bilateral trade: Govt sources
Sources further clarified that India remains committed to fostering beneficial global partnerships like QUAD and BRICS.
The BRICS bloc is growing — and Trump's tariff threat isn't expected to put off aspiring members
Despite the threat of a trade war with the U.S., economists and analysts tell CNBC that this will not stop BRICS from ...
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New currency for South Africa, China, and India under fire
US President Donald Trump has doubled down on his tariff threat on BRICS nations, including South Africa, should they forge ahead with creating a new shared currency. This threat, declared in his ...
Trump calls Spain 'a BRICS country'
US President Trump has mistakenly identified EU country Spain as a member of the BRICS economic bloc that comprises ...
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Why Indian businesses are wary of BRICS’ push for a shared currency - opinion
Indian businesses remain cautious about BRICS’ shared currency plans, citing risks to global trade ties, reliance on the US dollar, and concerns over China’s influence within the bloc.
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De-Dollarization: Indonesia, India Look Forward to Local Currency Trade
Last year, the central banks of India and Indonesia signed a memorandum of understanding on using local currencies for trade.
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BRICS’ Indonesia, Russia in Talks to Use Local Currencies for Trade
In 2023, Russian President Vladimir Putin revealed that the ruble and Chinese yuan already made up 80 percent of Moscow’s ...